I can tell you the young people I know are running into difficulties finding their first real job post-graduation for all the reasons we all know.

There is compelling research indicating that some individuals not only survive but thrive in their careers during recessions. While economic downturns often pose challenges, they can also present unique opportunities for innovation, entrepreneurship, and long-term career growth.

Greater long-term success.

During the Great Recession of 2008, the rate of new business formation increased significantly.

A Wall Street Journal study emphasized tech startups founded during the 2007–09 recession were more likely to survive and be innovative compared to those established in more stable economic times.

Emory University’s Goizueta Business School found that employees reported higher job satisfaction during recessions suggesting that in times of economic uncertainty, individuals may value job security more and focus on the positives of their current roles, leading to increased contentment.

Uncertainty may rattle the world, but for some, it quietly sparks the grit and ingenuity that fuel lasting careers and unexpected success.

Atomic Habits author James Clear says the same thing in interviews and talks — A lot of people hit rock bottom during uncertain times. But that’s also where they find the solid ground to build something better. 

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